Q2 2021 Nippon Yusen KK Earnings Presentation Transcript

Nov 05, 2020 / 06:00AM GMT
Presentation
Nov 05, 2020 / 06:00AM GMT

=====================
Corporate Participants
=====================
* Hitoshi Nagasawa
Nippon Yusen Kabushiki Kaisha - President, Executive Chief of ESG Management, CEO & Representative Director

=====================
Hitoshi Nagasawa - Nippon Yusen Kabushiki Kaisha - President, Executive Chief of ESG Management, CEO & Representative Director

Thank you for joining us for today's explanation of the second quarter results fiscal year 2020.

Before starting my detailed explanation, I would like to reflect briefly on the first half. At the beginning of the year, the COVID-19 pandemic was expected to have a huge impact on the bottom line in the container and car transportation businesses and our goal was to do whatever it took to just secure a profit.

However, as it turned out, in the container business, although cargo volumes declined as forecast, capacity was adjusted in line with the demand. And as a result, it was possible to maintain the freight rate levels. In Air Cargo Transportation,

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot